Overview
What is Mcminnville Area Community Foundation?
McMinnville Area Community Foundation is a prominent nonprofit organization situated in McMinnville, Oregon. Their primary mission is to foster and encourage philanthropy within the local community. Established with the goal of providing literacy and musical enrichment to children, the foundation has evolved to become a leader in this field. By facilitating and promoting philanthropic activities, they aim to strengthen the McMinnville area as a whole. Their headquarters can be found at P.O. Box 480, and they continue to serve the community with dedication and commitment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The McMinnville Area Community Foundation has received a 73% score, indicating a moderate level of performance in terms of accountability and finance. The organization demonstrates strong governance with a fully independent board, scoring full points for board independence and size. Additionally, the foundation shows excellent financial health, boasting a low liabilities to assets ratio and a high program expense ratio, which reflects effective use of funds towards its mission.
Despite its solid governance and financial management, the overall Two-Star rating suggests there are areas for improvement. Potential donors and supporters may want to consider the foundation's effectiveness in achieving its programmatic goals, as the rating does not reflect any specific outcomes or impact measures. While the organization is financially sound, holding a Two-Star rating indicates that it may not meet all best practice expectations for high-performing nonprofits.
This AI summary has been generated from information found on Charity Navigator.
Is Mcminnville Area Community Foundation legitimate?
Mcminnville Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcminnville Area Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Mcminnville Area Community Foundation?
The McMinnville Area Community Foundation serves as a pioneer in promoting and fostering philanthropy within its domain. Its primary mission is to lead the facilitation and advancement of charitable giving and community development efforts. By doing so, it aims to enhance the well-being and prosperity of various communities and initiatives within its sphere of influence. The foundation may also contribute to literacy and music enrichment for children, as indicated by its association with the Yamhill County Enrichment Society.
Who is the CEO of Mcminnville Area Community Foundation?
David Haugeberg is the President of Mcminnville Area Community Foundation.
What is the revenue of Mcminnville Area Community Foundation?
Mcminnville Area Community Foundation's revenue in 2022 was $1,155,842.
Who are the executives of Mcminnville Area Community Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Mcminnville Area Community Foundation?
Mcminnville Area Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mcminnville Area Community Foundation
The McMinnville Area Community Foundation, as a leading entity, is dedicated to fostering and promoting philanthropy within its community. Its mission is centered around facilitating and driving the growth of charitable giving, with a focus on the McMinnville area. By taking on this role, the foundation aims to contribute significantly to the betterment of its community, leveraging the power of philanthropy to make a positive impact. In addition to this, the organization, previously known as the Yamhill County Enrichment Society, is committed to providing literacy and music enrichment opportunities for children in the area.
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Impact
July, 2024
Mcminnville Area Community Foundation is making a significant impact in McMinnville by leading the way in facilitating and developing philanthropy in the area. Through initiatives like the Yamhill County Enrichment Society, they are providing essential literacy and music enrichment programs to children. Their dedication to youth development is evident in their mission to enhance the quality of life in the community.
This information is meant to be a general summary of Mcminnville Area Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $86,112
- Gross Receipts: $1,185,420
Assets and Liabilities:
- Total Assets: $10,182,467
- Total Liabilities: $0
- Net Assets: $10,182,467
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Organization Details
Founding Year
2013
Phone
(503) 472-5141Principal Officer
David Haugeberg
Main Address
P O Box 480, McMinnville, OR, 97128
NTEE Category
Code: O51 - Youth development
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